矿业ETF（561330）小幅回调超1.7%，关注龙头更集中，“黄金+铜+稀土”占比更高的矿业ETF，回调或可布局

Group 1 - The macroeconomic environment shows a "rebound in risk appetite," supported by lower-than-expected September core CPI data in the U.S., which strengthens expectations for interest rate cuts by the Federal Reserve next week and in December [1] - Positive outcomes from the China-U.S. trade discussions in Kuala Lumpur suggest a potential ongoing improvement in China-U.S. relations, boosting market risk appetite and benefiting cyclical assets and the non-ferrous metals sector [1] - The Mining ETF (561330) tracks the non-ferrous mining index (931892), which includes securities from companies involved in the development of copper, aluminum, lead-zinc, and rare metals, reflecting the overall performance of the non-ferrous metal mining industry [1] Group 2 - The Mining ETF (561330) has an excess return of over 10% compared to the China Securities Non-Ferrous Index, featuring a more concentrated selection of leading companies with a higher proportion of "gold, copper, and rare earths" [1]